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And how does defence work? There would be no fiat money anymore as it’s basis is gone so guess it is Gold or Bitcoin.

You would need to defend yourself so you need guns. But that would be useless against groups of people with guns so people will form groups that defend themselves. Eventuality some of those people will specialise and some people in the group pay others to defend the group in a form of a kind of “tithe” or regular payment to the common good.

Sounds like present day Somalia.

Mob protection racket as a form of government.

Couldn't the government just print money, which devalues the currency, and is thus essentially a flat rate wealth tax?

It would be a flat-rate wealth tax only on dollar-denominated assets, which would exclude among other things stocks, art, yachts, country estates... all of which rich people like to own.

Voluntary transactions and/or illegitimate violence.

Maybe everybody can start paying for their things themselves instead of forcing others?

Have you an example of a system like this working somewhere?

Of course not, because that wouldn't be a system.